Why is Hifumi Nenkin being removed from SBI Securities iDeCo?

SBI is refreshing its lineup ahead of the 2026 pension reform, which pushes providers to streamline product sets and improve long-term suitability. Lineup changes focus on simpler and lower-cost options. That means some active funds, including Hifumi Nenkin, are scheduled for removal. Review the official notice and compare any proposed alternatives before you consent.

What happens if I ignore the consent request in June?

If you do nothing, contributions could be paused or redirected, and positions might be switched according to platform rules. That may create time in cash, drift from your target mix, or higher costs. Read account messages, submit consent on time, and set a one-time rebalance to keep your plan on track.

How should I pick a replacement fund after iDeCo fund removal?

Start with your target stock-bond mix and time horizon. Compare each candidate’s objective, benchmark, and fee to see if it fits your plan. Many savers choose broad global index or target-date funds for simplicity. If you want active exposure, size it modestly and monitor tracking versus your goal.

Will these changes affect tax benefits or contribution limits?

No. The lineup shift does not change the iDeCo tax deduction or annual limits. Those depend on your employment type and policy rules, not specific funds. What can change is your portfolio’s risk and cost. Keep contributions steady in yen and reinvest promptly if any position is moved to cash.

Global Market Insights

SBI Securities iDeCo: Hifumi Nenkin Among 11 Cuts, January 28

ByDanny Kontos January 28, 2026January 28, 2026

SBI Securities iDeCo is set for major changes. On January 28, the broker proposed removing 11 funds, including Hifumi Nenkin, and adding five replacements ahead of the 2026 pension reform. Customers should expect consent procedures around June. We explain what is changing, how iDeCo fund removal may affect your plan, and the actions to take to keep your long-term allocation on track. Use this guide to avoid interruptions and keep tax-advantaged contributions working in yen terms.